Federal Home Loan Mortgage Corporation (QB) (FMCCP) ニュース

That is great KARMA. Does anyone know on here if shareholders of common and prefs are locked in for the court award? It's been said yes and no. Some have said Lamberth has locked it, otherrs say he has to make final judgement. Is there anyone who can state definitively that Yes shareholders as of (???) will be paid as part of the class?

Wasn’t it you who said .43 before .80 or something to that effect? You’ve been doing this all the way up to over $3. Now you’re saying the same BS with hire numbers. Get real!

This didn't age well. ... Hahahahasnork 

Interesting quote by Trump…..

https://truthsocial.com/@realDonaldTrump/posts/113573130299319701

https://www.cnn.com/2024/11/30/politics/trump-brics-currency-tariff/index.html

“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy,” Trump posted on Truth Social on Saturday afternoon”

Eventually 1.92 is back in play.

Yeah, why didn’t the monies (fines) get credited back to the GSEs? It’s my understanding that monies (collected fines) went to Treasury [general spending fund] for President projects.

Who has been paying Govt lawyers this whole time?

Ackman bought millions and millions of FnF shares and he is friend with Trump who will release FnF

https://www.cnbc.com/2017/03/03/banks-have-paid-321-billion-in-fines-since-the-crisis.html

What ever happened to our good buddy Dick Bove ?

Are you drunk?  Which post of yours we shd read?  The CNN or 2.29.

Just ignore the noise and wait for Scott Bessent to speak at some point of time. Until then close ihub and relax

Trump will bring justice to FnF going up tomorrow

Sammy…. This article kills me as it quotes mark Zandi and Moody’s…. The same Moody’s that said 73% of the mortgage-backed securities had rated triple-A in 2006 and were downgraded to junk by 2010….. JPM paying $40BN in fines to do business and now Zandi and Moody’s are to be trusted f’n experts… Our entire financial system is a house of cards…..

Peeps… FnF is going to be turbulent as hell for the next few months… Massive open gap down below…. Don’t wait around for Sammy to tell you it’s going lower…. $29M volume day…. Playing here is playing with fire….

Here is an old one from the past to help highlight to the newbies in this stock that the corruption is everywhere and even to those who are supposedly the experts who provide ratings on what makes our economy go…. Moody’s and S&P… F’n crooks…. We still have 11,000 documents under executive privilege and there are many powerful people who do not want you to know where the bodies are buried…. We are in conservatorship so the message can be controlled….. JFK, Gulf Of Tonkin, 9/11, FnF… list goes on…. Lots of turbulence here…..

https://www.theguardian.com/business/2017/jan/14/moodys-864m-penalty-for-ratings-in-run-up-to-2008-financial-crisis

The credit rating agency Moody’s has agreed to pay nearly $864m to settle with US federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the department of justice said on Friday.

“Moody’s reached the deal with the justice department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the department said in a statement.

“Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement.

S&P Global’s Standard & Poor’s entered into a similar accord in 2015 paying out $1.375bn. Standard and Poor’s is the world’s largest ratings firm, followed by Moody’s.”

Sammy…. This article kills me as it quotes mark Zandi and Moody’s…. The same Moody’s that said 73% of the mortgage-backed securities had rated triple-A in 2006 and were downgraded to junk by 2010….. JPM paying $40BN in fines to do business and now Zandi and Moody’s are to be trusted f’n experts… Our entire financial system is a house of cards…..

Peeps… FnF is going to be turbulent as hell for the next few months… Massive open gap down below…. Don’t wait around for Sammy to tell you it’s going lower…. $29M volume day…. Playing here is playing with fire….

Here is an old one from the past to help highlight to the newbies in this stock that the corruption is everywhere and even to those who are supposedly the experts who provide ratings on what makes our economy go…. Moody’s and S&P… F’n crooks…. We still have 11,000 documents under executive privilege and there are many powerful people who do not want you to know where the bodies are buried…. We are in conservatorship so the message can be controlled….. JFK, Gulf Of Tonkin, 9/11, FnF… list goes on…. Lots of turbulence here…..

https://www.theguardian.com/business/2017/jan/14/moodys-864m-penalty-for-ratings-in-run-up-to-2008-financial-crisis

The credit rating agency Moody’s has agreed to pay nearly $864m to settle with US federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the department of justice said on Friday.

“Moody’s reached the deal with the justice department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the department said in a statement.

“Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement.

S&P Global’s Standard & Poor’s entered into a similar accord in 2015 paying out $1.375bn. Standard and Poor’s is the world’s largest ratings firm, followed by Moody’s.”

My Mahn Arnold was 100% right last week. When you call it at 10am, yeah pretty impressive !

And that makes You? Karnak the "Magnificent". Or some slimy grease ball from NJ. looking for attention?
Pick One, sure to get a Kewpie-Doll prize.

This shit is going lower than 2.50 new prediction 2.29

This shit is going lower than 2.50 new prediction 2.29

Yup. If Cramer is a reason for movement in any stock, then it’s just a flip, cause he really knows nothing of value.

I agree with you QueenVic…

Are we back to bouncing between the 20 and the 50?

Cramer is no different than Kramer on Seinfeld...

Both are actors. No factual proof from their rhetoric. Irrelevant. Yup.

Trump expected to privatize two firms that
Guarantee 70% of Mortgages. See CNN website.



https://www.cnn.com/2024/12/02/economy/fannie-mae-freddie-mac-mortgage-rates-housing/index.html

2.50 coming

Cramer’s 13 best stocks….. https://www.insidermonkey.com/blog/jim-cramer-thinks-these-13-stocks-will-benefit-from-the-new-administration-1400401/

Price of doing business… $40BN in fines for JPM…. JPM selling bad mortgages to FNMA and FMCC…. https://ventureburn.com/2024/02/jp-morgan-chase-fined-nearly-40-billion-heres-how-and-why/

I Double dog dare ya! Run through the aisles and show your 'tan lines'🤠

Monday shoud be very interesting! We now have what looks like an FHFA pick!!!, We have excitement among builders to build more homes because they view Trump will sh_t can needless regulation, we have Ackman possibly assisting DOGE, We have a treasury pick that leans heavily towards free market capitalism, We have the best dam FNMA FMCC fighting squad on these boards who are not affraid to yell truth from the montain tops! I look forward to the weeks to come until Jan inauguration. Very hopeful we start making those dollar moves come February.

Green Market Red Twins !

Tightcoil prediction 3.43 do I need to say more?

Happy Thanksgiving Citadel…. https://x.com/kshaughnessy2/status/1861970839639580942?s=61

Hey finance industry…. Shots fired….

https://x.com/kenpaxtontx/status/1861776711831937106?s=61

17 New Documents Filed on Docketbird.

Yesterday and today.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262

Yes We are all connected; WaNu, Lehman’s, F&F.

By Example;
WaMu:
“Project West Kickoff Meeting in 2005.

Right man, right place, right time.
How about that!!


“Gruenberg has been a constant at the FDIC since 2005 — the longest-tenured board member in the agency’s history.”

The link is well worth the read;
https://www.bankingdive.com/news/fdic-chair-martin-gruenberg-resign-january-19-trump-travis-hill/733376/ “



Ron

Meh, I don't think Cramer had anything to do with FnF taking a dump right before TGiving. There are more folks out there than you might think who believe wholeheartedly about the "Inverse Cramer Effect." Especially in the Crypto world.
Where stocks are concerned, there's even an etf (SJIM) that bets against anything he says! LOL
I think it's just a bunch weak pussies that didn't wanna hold thru the holiday. That or the "Trump Trade" effect is wearing off (for the moment) and people are simply taking profits.
Here's a fun read about the inverse Cramer.
Happy Thanksgiving to all the longs!
https://cryptonews.com/news/bitcoin-dances-around-100k-while-elon-musk-fires-shots-at-jim-cramer-for-suspected-btc-price-reversal-role/#:~:text=Jim%20Cramer's%20bullish%20remarks%20on,added%20fuel%20to%20the%20discussion.

Not sure if the link opens on my other post.
https://cryptonews.com/news/bitcoin-dances-around-100k-while-elon-musk-fires-shots-at-jim-cramer-for-suspected-btc-price-reversal-role/#:~:text=Jim%20Cramer's%20bullish%20remarks%20on,added%20fuel%20to%20the%20discussion.

It is not wise to listen to Cramer who is nothing but a hired liar. He does not know that his hell time will come when he gets sued by many.
I wonder who hired him to say nasty things about FannieMae. Somebody hired him to keep the pps down while that somebody is loading up shares

I told the President of our company yesterday, I am the company poster boy, ill have to be the last one u fire, he said yeah, he will order me to turn out the lights. lol. good guy, he lives up in Pennsylvania somewhere, cant remember. lets hope GSE are in the teens by then or much sooner, company doing well.

He's the MSNBC golden pos boy. Or is it CNBC? Either one, 🤮

Crushed again! Cramer effect !

as long as treasury and fhfa not taking any evil actions before the inauguration, i am fine with the natural market movements

Sounded like you sold today. How many shares did you sell today?

You know you have been here too long when you can check your balance every 30 minutes and predict what it’s going to be.

So what’s the story today ? This is insanity like everything else in this country is.

If someone owned ten percent and sold at the top how low would the stock go to and how long to sell in the day

Dropping like crazy, maybe back to close to zero

I give credit where credit is due, no respect for anyone who does not. I watch youtube crap....they just take from someone else and try to get followers off that info.

Thanks Trunkmonk and tell Rodney thanks! I hope his numbers truly materialize if this release gets hammered through, which is what they need to do. A fast, but well thought out release would stand tough against, and refute that which will be coming from the losing party. They will attack it, attack it, lie, do whatever they think needed to keep the status quo of give aways rolling. I hope DOGE and the new admin are over prepared come February, if that is when they get the ball rollling.
JHMO and GLTUA

lets see a breakaway gap, and then move to higher exchange. much less manipulation, naked shorts go away, price seeks true value.

From Rodney
Estimated Value of Theft
Fannie and Freddie

If a Court would overturn the conservatorship the below calculation is my opinion of the value of both companies. I use a 10% on interest owed and a P/E of 14. Kindly, check my calculations.

Best Regards

-R

Fannie Mae and Freddie Mac calculations of interest owed to Shareholders from over payment sent to the Treasury, plus companies net worth, plus earnings power of the businesses.

Fannie Mae Intrinsic Value $440.03 per share

Freddie Mac Intrinsic Value $386.42 per share

?‘Little Tucker Act’

New lawsuits if a plan is being worked on with a new Treasury Secretary, if they play games with Seniors and warrants. Treasury and FHFA violating Federal statutes that any district court has jurisdiction over..

With a 8-0 jury verdict and former FHFA Director saying the Treasury has been paid in full.

Prepared Remarks of Dr. Mark A. Calabria, Director of FHFA, at FHFA Swearing In Ceremony 04/15/2019

The Housing and Economic Recovery Act (HERA) Federal Housing Finance Director Calabria co-authored HERA.

Quote: “I believe with HERA, many of those needed tools were finally put into place. I will always be extremely proud to have played a part in those efforts, effectively helping give birth to this very agency. (Federal Housing Finance Agency). End of Quote

Mr. Calabria fully understands the Federal Statutes he helped write HERA.

The Conservatorships of Fannie
Mae and Freddie Mac: Actions
Violate HERA and Established
Insolvency Principles
By Michael Krimminger and Mark A. Calabria February 9, 2015

Mr. Calabria said, “stripping all net value from Fannie Mae and Freddie Mac long after Treasury has been repaid when HERA, and precedent, limit this recovery to the funding actually provided.” Page 4 link below.

NOTE: limit this recovery to the funding actually provided.

Mr. Calabria referenced HERA and precedent. Federal Statutes do not allow the Treasury to attach a commitment fee onto the Senior Preferred Stock. THEREFORE, by reason of Federal Statute, the Treasury owes the companies the overage payment on $191.4 billion total draws from Treasury, plus compounded interest; (recommended interest payment at a compounded rate of return 10%, in conjunction with the amount the FHFA recommended to the Treasury).

https://www.fhfa.gov/news/speech/prepared-remarks-of-dr.-mark-a.-calabria-director-of-fhfa-at-fhfa-swearing-in-ceremony

https://www.cato.org/sites/cato.org/files/pubs/pdf/working-paper-26_1.pdf

FEDERAL STATUTES

The Charter Act, and the Federal Housing Enterprises Financial Safety and Soundness act of 1992 (FHEFSSA); Both as amended by the HOUSING AND ECONOMIC RECOVERY ACT OF 2008, (HERA). The Charter Acts are Fannie Mae and Freddie Mac's enabling statutes. FHEFSSA and HERA are regulatory statutes, governing the companies' regulators. All are laws passed by Congress.

HERA is a Federal Statute not a contract, the Senior Preferred Stock Purchase Agreement is a contract not the law.

The day of the take down Fannie Mae’s core capital of $47.0 billion and Freddie Mac’s core capital of $37.1 billion Totals $84.1 billion. This amount of core capital remained with the companies until the illegal commitment fee started sucking shareholders money into the dark hole of the Treasury. This continues until massive profits were foreseen by the Treasury coming in to the companies as net profit. At this time Treasury implemented the Net Worth Sweep. From the point in time of the start of the collection of the illegal commitment fee until the companies were allowed to retain earnings a total of $301.1 billion was sent to the Treasury.

$181.4 billion Fannie returned to Treasury. Form 10K Dec 31, 2023. Page 9

$119.7 billion Freddie returned to Treasury. Form 10K Dec 31, 2023 Page 5

Total $301.1 billion

For the purpose of a new lawsuit, that any district court has jurisdiction over, by reason of Federal Statute, the Treasury owes the companies the overage payment on total draws in the amount of draws $191.4 billion, the overage payment $109.7 billion, plus compounded interest; (recommended interest payment at a compounded rate of return 10%, in conjunction with the amount the FHFA recommended to the Treasury).

Under the funding agreement the Treasury paid to Fannie $119.8 billion Form 10k December 31, 2023 page 8

Under the funding agreement the Treasury paid to Freddie $71.6 billion Form 10k December 31, 2023 page 5

$191.4 billion total draws from Treasury

The calculation includes both companies and the calculation starts at the point in time when the Net Worth Sweep was implemented. Calculation of interest payments the Treasury owes Fannie and Freddie Shareholders.

Note: the interest calculation does not include the space in time from the start of the illegal commitment fee period up to the NWS. This amount should be calculated and added to the total amount of interest calculated below.

$301.1 billion sent to the Treasury.
Treasury draws totaling $191.4 billion
Difference of $109.7 billion the Treasury owes to the Shareholders in over payments.

August 17, 2012, Treasury and FHFA agreed to amend the PSPAs, changing the 10% dividend into a “Net Worth Sweep.” The Net Worth Sweep required Fannie Mae and Freddie Mac to pay the full amount of their net worth to Treasury every quarter. FHFA Director DeMarco, this non-elected bureaucrat, has been allowed to steal the companies for the Treasury.

From 2012 to 2024

At a compound annual growth rate of 10% on amount Treasury owes Shareholders $109.7 billion. The interest at the rate of 10% on $109.7 billion calculates within a 12 year period of time in the amount of $344.29 billion in interest.

Principal of $109.7 billion plus $344.29 billion in interest = $453.99 billion

The Treasury owes the Shareholders $453.99 billion

Compound Interest Calculator
Initial investment $109.7 billion, length of time in years 12, interest rate 10% annually.

?Third quarter 2024
Fannie Mae Net Worth $90.5 billion
Freddie Mac Net Worth $56.3 billion

Combined Net Worth $146.8

$146.8 billion plus $453.99 billion = $600.79 billion

Fannie Mae common stock outstanding 1,158,087,567

Freddie Mac common stock outstanding 650,059,553

Combined common stocks
1,808,147,120 … ( Fannie Mae 64.05% Freddie Mac 35.95% }.

$600.79 billion / 1,808,147,120 =

$332.26 per share combined

Fannie Mae 64.05% is $212.81 per share

Freddie Mac 35.95% is $119.44 per share

The above calculation does not include the combined Earnings Power of the companies businesses.

EARNINGS POWER OF THE BUSINESSES

Fannie Mae’s common stock outstanding 1,158,087,567

$18.8 billion net income per year / 1,158,087,567 = $16.23 per share of earnings,

PE Ratio of 14 x $16.23 = $227.22 per share intrinsic value.

Freddie Mac common stock outstanding 650,059,553

Net earnings $3.1 billion per quarter, $12.4 billion net per year.

$12.4 billion net / 650,059,553 = $19.07 per share of earnings

PE Ratio of 14 x $19.07 = $266.98 per share intrinsic value.

Fannie Mae Earnings Power $227.22 plus 64.05% $212.81 = $440.03

Intrinsic Value $440.03 per share

Freddie Mac Earnings Power $266.98 plus $119.44 = $386.42

Intrinsic Value $386.42 per share

Again Note: the interest calculation does not include the space in time from the start of the illegal commitment fee period up to the NWS. This amount should be calculated and added to the total amount of interest calculated.

Treasury taking any amount of equity from shareholders will be considered stolen property under federal law. The Treasury and FHFA illegal exaction due to violating Federal statutes all monies with interest should be returned to the companies. Neither the Charter Act nor did HERA authorize the Treasury to charge a commitment fee on a line of credit to be paid by the Enterprise.

Illegal exaction explained:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174797511

im sure the KTCarneyCorkerClownCircus will give you a number, which is meaningless in every sense.

$1000